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Run a star pub - carpenters arms stewkley - stewkley

Leighton Buzzard
Star Pubs Leased & Tenancy
Carpenter
€40,000 - €60,000 a year
Posted: 21 June
Offer description

Pub Overview

The Carpenters Arms is in the village of Stewkley, close to Leighton Buzzard & Aylesbury. The pub is surrounded by residential housing and one of only 2 pubs in the village itself. They are at opposite ends of the village.

The pub benefits from being one of two pubs found in the village, as well as it’s location meaning it has lots of passing footfall from walkers, ramblers and locals. The customer base in the immediate vicinity is mixed age range, but has the potential for frequent daytime and evening trade, from both locals and first time visitors.

Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in introducing a well thought through traditional pub grub food & drinksoffer. What food & drinks would you look to implement in the pub?

The site currently could drive trade via more frequent village and community events, live sports, quiz nights, coffee mornings etc.

If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.

The right operator for the pub will have a clear vision for their food & drinks menu, food & drinks menu and entertainment offer and can create a memorable experience for their customers. Great opportunity to grow the business and relaunch the pub.

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter...

Features

* Catering Kitchen
* Foundation Tenancy
* Car Park
* Outdoor Trade
* Private Accommodation


Trading Area & Facilities

* One bar operation
* Approx. 24 internal covers
* External seating approx. 16-24 covers
* Catering kitchen
* Garden to rear


Private Accommodation

Private accommodation consists of 3 bedrooms, a living room, kitchen and bathroom.

Pub Financials

Pub Financials Icon

Estimated Total Ingoing Costs

£21,440

Estimated Minimum Ingoing Costs

£8,813

Annual Rent

£15,758

Estimated Annual Turnover

£256,718

Deposit

£3,940

Estimated Fixtures & Fittings Value

£10,000

Estimated Stock Valuation

£4,000

Estimated Working Capital

£3,500

The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.

Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

Downloads

* Demographics Report Download arrow
* Energy Performance Certificate Download arrow
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Home > Jobs > Construction jobs > Carpenter jobs > Carpenter jobs in Leighton Buzzard > Run a Star Pub - Carpenters Arms Stewkley - Stewkley

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